Archive · 12 Dec 2025
Godawari Power Expands Battery Storage Plan
Godawari Power & Ispat Ltd is investing ₹1,625 crore to build a big battery storage factory.
They plan to make 40 GWh of batteries every year in two steps.
First, they will spend ₹1,025 crore to make 20 GWh of batteries by FY26–27.
Then, they will spend another ₹600 crore to double the capacity to 40 GWh by FY28–29.
The factory will start working in early FY28.
They will use a mix of loans and their own money to pay for it.
The company's stock price went up by 2.3% on Friday.
Godawari Power & Ispat Ltd (GPIL) is investing ₹1,625 crore to expand its battery energy storage system (BESS) manufacturing project.
The project will be executed in two phases, ultimately delivering 40 GWh of annual capacity.
Phase 1 will double the initial planned capacity to 20 GWh at an investment of ₹1,025 crore in FY26–27.
Phase 2 will further increase capacity to 40 GWh with an additional ₹600 crore investment in FY28–29.
The 20 GWh facility is expected to begin commercial operations in Q1 FY28, funded by a mix of debt and equity.
- Who
- Godawari Power & Ispat Ltd (GPIL) and its subsidiary Godawari New Energy Pvt Ltd (GNEPL)
- What
- Expansion of battery energy storage system (BESS) manufacturing project
- When
- Phase 1 in FY26–27, Phase 2 in FY28–29
- Where
- India
- Why
- To scale up capacity and improve operating margins
- Company
- Godawari Power & Ispat Ltd (GPIL)
- Investment Amount
- ₹1,625 crore
- Project Capacity
- 40 GWh annually
- Phases
- Two phases (20 GWh each)
- Phase 1 Investment
- ₹1,025 crore (FY26–27)
- Phase 2 Investment
- ₹600 crore (FY28–29)
- Commercial Operations Start
- Q1 FY28
- Funding Mix
- Debt and equity (internal accruals)
- Share Price Change
- 2.3% higher at ₹238.80